RBI Keeps Repo Rate Unchanged, Will Home Loan EMI Burden Ease Or Increase?
The RBI wants to ensure that the big changes in rates already made are properly felt in the economy.
Source: news18.com
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Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data
Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data | Currency News UK
Source: currencynews.co.uk
Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Risk-On Markets Limit 'Greenback'
April 15, 2021 - Written by John Cameron GBP/USD Exchange Rate Steady as US Retail Sales Beat Forecasts The Pound US Dollar (GBP/USD) exchange rate held steady this morning after the ‘Greenback’ was undermined by a dovish Federal Reserve. The Fed’s Chairman Jerome Powell suggested that it was unlikely that the bank would raise interest rates until as late as next year. The pairing is currently fluctuating around $1.37. Added to this, demand for the safe-haven ‘Greenback’ have been undermined by growing confidence in the global economy. In US economic data, today saw the release o...
Source: currencynews.co.uk
Euro US Dollar (EUR/USD) Exchange Rate Rangebound Ahead of US Stimulus Decision | Euro Exchange Rate News
EUR/USD Exchange Rate Steady as US Markets Await News on Stimulus The Euro to US Dollar (EUR/USD) exchange rate held steady today, with the pairing currently fluctuating around $1.19. US markets are awaiting the final verdict from the US House on President Joe Biden’s whopping $1.9 trillion stimulus package. As a result, the USD/EUR exchange rate has held steady, with global markets remaining cautious as the stimulus plan arrives at its final critical stage. OECD Chief Economist Laurence Boone commented: ‘This will not only boost the U.S. economy, but it will fuel global growth through in...
Source: euroexchangeratenews.co.uk
Pound Canadian Dollar (GBP/CAD) Exchange Rate Rangebound Despite Rising Oil Prices
March 4, 2021 - Written by John Cameron GBP/CAD Exchange Rate Steady as Canadian Economic Data Buoys Confidence in Economy The Pound to Canadian Dollar (GBP/CAD) exchange rate rose held steady today, with the pairing currently fluctuating around CA$1.76. The Canadian Dollar held steady against Sterling despite rising oil prices buoying confidence in Canada’s commodity-reliant economy. OPEC Secretary-General Mohammad Barkindo commented: ‘Both the global economic outlook and oil market prospects show signs of continued improvement. The headwinds of uncertainty that shocked and disrupted th...
Source: currencynews.co.uk